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Feb 22, 2013
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the same thing happened with the debt ceiling fight and the fiscal cliff. you cover congress. why does everything get dragged out to the very last second? >> well, i think you just answered your own question. we're dealing with congress, and congress loves to wait for the last minute. we saw that with the debt ceiling debate from a couple years ago. we saw that with the fiscal cliff issue where we actually went over the cliff for several hours before congress came in, you know, late at night and early in the morning and voted on a deal. this is going to go, once again, up to the wire -- down to the wire, and, you know, some people are even suggesting that the sequester will hit before congress actually acts. >> now, this week we heard that the president has his highest approval rating since 2009. it seems the worst congress looks, the better he looks. how could that affect gun control reforms and immigration reform? >> there was an interesting poll that came out in "usa today" just yesterday showing that largely the american public agrees with the positions that the president
the same thing happened with the debt ceiling fight and the fiscal cliff. you cover congress. why does everything get dragged out to the very last second? >> well, i think you just answered your own question. we're dealing with congress, and congress loves to wait for the last minute. we saw that with the debt ceiling debate from a couple years ago. we saw that with the fiscal cliff issue where we actually went over the cliff for several hours before congress came in, you know, late at...
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Feb 21, 2013
02/13
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debt ceiling versus fiscal cliff and now the sequester and as jonathan pointed out, the sequester cuts kind of a rolling cut. they don't really get this. i'll say the white house is probably in a better position messagingwise because what they can do right now and what they are doing right now is pointing to the individual cuts and that resonates with voters and people who are monitoring the news, being able to say, oh, meatpackers can't inspect meat or longer lines at the airport. the resonates with people and effective messaging on their part and republicans don't have that same luxury right now. >> does it resonate only with the people that agree with the president? you talk about, for example, not likely that the republicans in the reddest part of the country receiving calls of constituents. is this again another situation where it resonates? if that's what you believe and going back to the core of this, this huge gap in this country and in people elected to represent us on what should be done particularly when it comes to tax revenue, shira? >> well, i think the people who agree w
debt ceiling versus fiscal cliff and now the sequester and as jonathan pointed out, the sequester cuts kind of a rolling cut. they don't really get this. i'll say the white house is probably in a better position messagingwise because what they can do right now and what they are doing right now is pointing to the individual cuts and that resonates with voters and people who are monitoring the news, being able to say, oh, meatpackers can't inspect meat or longer lines at the airport. the...
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Feb 23, 2013
02/13
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>> and figured i beat them on the debt ceiling debate in 2011 and beat them on the fiscal cliff, i can do it again. the polls show that the public will be with me. whether that's well-founded, we'll find out, but i think that's what's driving some of this. he feels as if he can win this. >> you think it may be overconfidence on the part of the president, and this is different than the other two fights that jason mentioned, how so? >> it absolutely is. republicans know that they got beat on the debt ceiling and the fact that they're embracing the strategy. it's a deliberate strategy. they're ready and willing to let this go into effect and think of it. step back and what are we talking about at the moment. what we're the not talking about is republicans lack of unity on taxes, we're talking about spending, we're talking about the size of government. we're talking about the president's addiction to spending, we're talking about priorities, this is exactly where the republicans want this to be. >> but could they split over defense spending, kim, where a lot of their members don't want the
>> and figured i beat them on the debt ceiling debate in 2011 and beat them on the fiscal cliff, i can do it again. the polls show that the public will be with me. whether that's well-founded, we'll find out, but i think that's what's driving some of this. he feels as if he can win this. >> you think it may be overconfidence on the part of the president, and this is different than the other two fights that jason mentioned, how so? >> it absolutely is. republicans know that...
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Feb 20, 2013
02/13
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this is not like the debt ceiling or even the fiscal cliff. this is not doomsday even if it does happen. it's just stupid and we shouldn't do it. >> ezra, a couple of things here. first of all, for a long time, the stock market and the economy, as from the perspective of working people, have been at least two different things, correct? one thing, you can see the stock market doing fine. that might have a lot more to do with china than what is to happen march 1st. secondly, let's say nothing happens. the unemployment rate is stuck around 8%. this is a pretty lousy time for nothing to happen. in fact, if you look at the cbo projections, the projection with the sequester taking effect is for the unemployment rate to be 7.9% the first half of this year, 8% for the second half of this year. so, basically stuck at a place that's really very disadvantageous for so many workers. >> jared, let me interrupt this colloquy here and ask you, jared, we know that there are other looming fiscal fights, the march 27th deadline for the continuing resolution, bu
this is not like the debt ceiling or even the fiscal cliff. this is not doomsday even if it does happen. it's just stupid and we shouldn't do it. >> ezra, a couple of things here. first of all, for a long time, the stock market and the economy, as from the perspective of working people, have been at least two different things, correct? one thing, you can see the stock market doing fine. that might have a lot more to do with china than what is to happen march 1st. secondly, let's say...
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Feb 22, 2013
02/13
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sequestration and debt ceilings and fiscal cliff, it is obvious we have a weak leader. what is next? we've got four more years. host: thank you for the call. military cutbacks are the focus of this story -- mike is joining us from utica, n.y., on the republican line. caller: they are all cowards and washington. this sequester is never going to happen. the country needs tough medicine. the cowards are led by the cowered in chief, who is dying in side -- inside. he is like a wife spending out there -- they have wives up there instead of men. this is like mediscare. what happened when our bond rating went down? the same thing -- a goal they stop spending, nothing will happen, except they will save the country. -- if they stop spending, nothing will happen, except they will save the country. when they kick the can, they should be ashamed of themselves. it is a shame that they cannot stop the spending. the republicans have obama on the hook. he is the one -- he is dying inside because he is a spender. for him, this is the worst week of his life. they do not even see it. it i
sequestration and debt ceilings and fiscal cliff, it is obvious we have a weak leader. what is next? we've got four more years. host: thank you for the call. military cutbacks are the focus of this story -- mike is joining us from utica, n.y., on the republican line. caller: they are all cowards and washington. this sequester is never going to happen. the country needs tough medicine. the cowards are led by the cowered in chief, who is dying in side -- inside. he is like a wife spending out...
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Feb 23, 2013
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government shutdown in april 2011, the debt ceiling showdown that summer, the fiscal cliff on new year's eve, and this -- i think -- and there will be another fight over government spending by the end of march. we have been seeing this for two years and maybe george will is right. most people saying, gosh, they are sorting it out and we'll ride it out. >> people need to understand that it is going to hit them in a really palpable way, i am looking at other departments. a nationwide shutdown of meat and poultry plants. furloughs, inspection personnel. will be pay higher prices? less beef and chicken? will it be safe? part of that is what the sequester is. you look at the latest pew poll, the public wide until favor of the president's approach on the sequester. on the other side, republicans, some tea partiers feel beholden to local constituents to not raise taxes another dime. does neither party have the incentive to resolve this quite quickly? >> that's a tough one, alex. the president and white house are counting on fact that they do have public support behind them. they say they don't
government shutdown in april 2011, the debt ceiling showdown that summer, the fiscal cliff on new year's eve, and this -- i think -- and there will be another fight over government spending by the end of march. we have been seeing this for two years and maybe george will is right. most people saying, gosh, they are sorting it out and we'll ride it out. >> people need to understand that it is going to hit them in a really palpable way, i am looking at other departments. a nationwide...
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Feb 20, 2013
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another thing that is talked about is this is not the same as the fiscal cliff for the debt ceiling where the next day everybody's taxes are going to go up. these budget cuts would happen over time, and a lot of the furloughs would not happen for a month or two months. the next, big budget deadline is march 27, when the continuing resolution will expire, and meeting the will shut down if there is not a budget deal reached by march 27. there is talk of a sequestration deal being rolled into that so that march 27 might be the next deadline to look at. host: poco -- "the new york times" has this story -- "dire forecast on effective budget cuts." here is bloomberg businessweek looking at a reboot for the simpson-bowles plan. are we hearing anything new from them and what has the reaction been? guest: what is interesting is we have not had a ton of reaction from both sides. here is generally what their plan looks like -- 2.4 trillion dollars over the course of 10 years. that is scaled back. their other big deficit commission was around $4 trillion. one quarter of that would come from medicare
another thing that is talked about is this is not the same as the fiscal cliff for the debt ceiling where the next day everybody's taxes are going to go up. these budget cuts would happen over time, and a lot of the furloughs would not happen for a month or two months. the next, big budget deadline is march 27, when the continuing resolution will expire, and meeting the will shut down if there is not a budget deal reached by march 27. there is talk of a sequestration deal being rolled into that...
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Feb 17, 2013
02/13
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seen it over the debt ceiling. i've seen it over the fiscal cliff that is just unnecessary. there needs to be a lel of pragmatism back to our politics. i give a lot of credit to the president. he's not just saying let's raise taxes. he said the obvious we in america cannot continue to spend more than we take in. it's something i don't have the luxury of as mayor doing. what i see the president doing is putting tremendous cuts on the table trillions of dollars of cuts. you just heard the chief of staff say they're willing to put $4 trillion in cuts but it has to be in a balanced way. the challenge i see right now if this happens the sequester happens, the cuts will be blunt brutal and mind as opposed to being intelligent and insightful. and it will not invest. it will stop us from investing in those critical areas in america we must invest on if we want long-term economic growth. >> schieffer: mr. mayor let me ask you one thing, frank lautenber, the long-term senator from new jersey said he will not seek reelection. you said you were thinking about it. i think you put togethe
seen it over the debt ceiling. i've seen it over the fiscal cliff that is just unnecessary. there needs to be a lel of pragmatism back to our politics. i give a lot of credit to the president. he's not just saying let's raise taxes. he said the obvious we in america cannot continue to spend more than we take in. it's something i don't have the luxury of as mayor doing. what i see the president doing is putting tremendous cuts on the table trillions of dollars of cuts. you just heard the chief...
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Feb 20, 2013
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a lot of times it's happening behind closed doors in deals like the fiscal cliff deal or debt ceiling deal. the very fact the process is happening and advocates know that their members are working together on this makes it much more likely for them to get involved. as those senators involved in this have mentioned. they are not planning to get a bill to the floor until march. so i think you're only going to see those efforts stepping up in the next few weeks. >> i want to bring in congressman castro, it's good to have you on the show. they would have had loved to have a tap on the phone, three republicans that he talked to yesterday talking about immigration. what do you take away from that? >> i think that the president is serious about working in a bipartisan way to get comprehensive immigration reform done. he does want to be a leader on this but also that he respects the role of the congress and specifically of those republicans who have gone out on a limb a bit to make comprehensive immigration reform a reality. >> we've been talking about the c contentious town hall, only guns w
a lot of times it's happening behind closed doors in deals like the fiscal cliff deal or debt ceiling deal. the very fact the process is happening and advocates know that their members are working together on this makes it much more likely for them to get involved. as those senators involved in this have mentioned. they are not planning to get a bill to the floor until march. so i think you're only going to see those efforts stepping up in the next few weeks. >> i want to bring in...
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Feb 22, 2013
02/13
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>> the debt ceiling represents the equivalent of a massive fiscal heart attack. >> after the fiscal cliff... >> do you solemnly swear... >> extremely ideological people who have never governed are now in the congress. >> and when we first got here, we were patted on the back and said, "great, the cavalry has arrived." >> another crisis to come. >> deal-making is not part of the program of conviction politics. >> enough is enough. you will not spend another dime, you will not put us in hock. >> this is now one week from d-day. there's no deal. >> the fiscal cliff is a fiscal suicide vest. the whole place is going to blow up. >> frontline investigates the ongoing battle. >> throw the country into default. >> political armageddon >>what's the word, "madness?" >>tonight on frontline "cliffhanger" frontline is made possible by contributions to your pbs station from viewers like you. and by the corporation for public broadcasting. major support for frontline is provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant and peaceful world. more info
>> the debt ceiling represents the equivalent of a massive fiscal heart attack. >> after the fiscal cliff... >> do you solemnly swear... >> extremely ideological people who have never governed are now in the congress. >> and when we first got here, we were patted on the back and said, "great, the cavalry has arrived." >> another crisis to come. >> deal-making is not part of the program of conviction politics. >> enough is enough. you...
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Feb 20, 2013
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another thing that is talked about is this is not the same as the fiscal cliff for the debt ceiling where the next day everybody's taxes are going to go up. these budget cuts would happen over time, and a lot of the furloughs would not happen for a month or two months. the next, big budget deadline is march 27, when the continuing resolution will expire, and meeting the will shut down if there is not a budget deal reached by march 27. there is talk of a sequestration deal being rolled into that so that march 27 might be the next deadline to look at. host: poco -- "the new york times" has this story -- "dire forecast on effective budget cuts." here is bloomberg businessweek looking at a reboot for the simpson-bowles plan. are we hearing anything new from them and what has the reaction been? guest: what is interesting is we have not had a ton of reaction from both sides. here is generally what their plan looks like -- 2.4 trillion dollars over the course of 10 years. that is scaled back. their other big deficit commission was around $4 trillion. one quarter of that would come from medicare
another thing that is talked about is this is not the same as the fiscal cliff for the debt ceiling where the next day everybody's taxes are going to go up. these budget cuts would happen over time, and a lot of the furloughs would not happen for a month or two months. the next, big budget deadline is march 27, when the continuing resolution will expire, and meeting the will shut down if there is not a budget deal reached by march 27. there is talk of a sequestration deal being rolled into that...
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Feb 20, 2013
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it's relentless, the fiscal abyss, the debt ceiling. different words, different deadlines all detonate the same explosion. they threaten to crash the government if they don't like the way it's doing something. if they don't like who the american people have elected as republican. isn't what the republicans did in the old days? if they didn't like a government somewhere, guatemala, iran, chile, they just brought it down. guess what? republicans are now using the same tactic here at home. if they don't like who we have elected as president, they find some way to undermine the president. whatever it takes to destroy it. we are using in this country the same old cold war cia tactics to destabilize our own country. look at the impact this constant threats to shut down the government have been having on public confidence. it's all in the ratings. it's undermining it, making people forever nervous about the basic ability of america to even have a running government. that patriotic? i don't think so. that's "hardball" for now. thanks for being
it's relentless, the fiscal abyss, the debt ceiling. different words, different deadlines all detonate the same explosion. they threaten to crash the government if they don't like the way it's doing something. if they don't like who the american people have elected as republican. isn't what the republicans did in the old days? if they didn't like a government somewhere, guatemala, iran, chile, they just brought it down. guess what? republicans are now using the same tactic here at home. if they...
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Feb 23, 2013
02/13
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cliff, the debt ceiling and the sequester, the misinformation campaign has worked. a bloomberg poll on the size of america's budget deficit shows 62% of americans think the deficit is getting bigger. 28% of americans think that it's staying the same. and get this number, only 6% agree with the truth. my friends, the deficit is shrinking. the congressional budget office says the deficit is down to $845 billion. it is projected to be $600 billion less than when the president took office. americans need to break out of this misinformation loop, don't you think? if they want to listen to a republican, maybe they should try listening to outgoing transportation secretary ray lahood. he spoke about the sequester consequences today, including the loss of 100 air traffic controllers. >> this requires compromise. this requires republicans stepping forward with some ideas about how to keep essential services of government running at the level that people have been accustomed to. this is not rocket science. >> well, it's not rocket science. but, folks, it is just as serious. ge
cliff, the debt ceiling and the sequester, the misinformation campaign has worked. a bloomberg poll on the size of america's budget deficit shows 62% of americans think the deficit is getting bigger. 28% of americans think that it's staying the same. and get this number, only 6% agree with the truth. my friends, the deficit is shrinking. the congressional budget office says the deficit is down to $845 billion. it is projected to be $600 billion less than when the president took office....
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Feb 23, 2013
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if you remember every time we have come up to whether it's the debt ceiling or first fiscal cliff, at the 11th hour, we had a deal. right now there is a deal in the works. there will be a deal. it will get done. by the way, i predict there will be a deal on entitlements before september. >> did you get that on your iphone prior to the show? >> no, no. i don't ever take talking point from them. but i just tell you, i know politics well enough, i think, to see the two people posturing themselves -- >> the thing is he's hoping the whole country will be under some kind of bizarre hypnosis and think we have money that we don't. >> you speak so negatively -- >> no, no. i do not. >> it's going to be fine.: >> i love this country and i think -- >> we have the ability to try and police ourselves a bit and t stop the wreckless spending and have the courage and fortitude to do so, we wouldn't be in the position we're s in.ou >> it's friday, let's pick it up. look good. >> coming up on "the five," an unbelievable shot. see, this is positive. at a basketball game, and itme wasn't made a by a playe
if you remember every time we have come up to whether it's the debt ceiling or first fiscal cliff, at the 11th hour, we had a deal. right now there is a deal in the works. there will be a deal. it will get done. by the way, i predict there will be a deal on entitlements before september. >> did you get that on your iphone prior to the show? >> no, no. i don't ever take talking point from them. but i just tell you, i know politics well enough, i think, to see the two people posturing...
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Feb 17, 2013
02/13
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that is why republicans caved on the debt ceiling. that is why they will cave on some of these other fiscal things going forward. it is up to the voters to make this happen. the politicians just react to the pressures. host: steve mcmahon, a co- founder of purple strategies, and also a media strategist for democratic campaigns. thank you so much for joining us. david winston, a brief thought? guest: if look at what newt gingrich did and bill clinton did, balancing the budget, getting unemployment under four%, bill clinton and newt gingrich laid out that pattern. i wish president obama would engage the house republicans the way bill clinton did. host: david winston, a republican strategist, you can hear his election analysis on cbs news. coming up next, we will look at the executive order the president signed last week with larry clinton of the internet security alliance. then our next guest will be an expert on nuclear weapons, who will talk about which nations have nuclear capabilities. all of that after this break. ♪ >> we have a
that is why republicans caved on the debt ceiling. that is why they will cave on some of these other fiscal things going forward. it is up to the voters to make this happen. the politicians just react to the pressures. host: steve mcmahon, a co- founder of purple strategies, and also a media strategist for democratic campaigns. thank you so much for joining us. david winston, a brief thought? guest: if look at what newt gingrich did and bill clinton did, balancing the budget, getting...
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Feb 20, 2013
02/13
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how do we avoid going over the fiscal cliff with the debt ceiling last summer. and they were log jammed. and they said we need something to really make this happen. and at a meeting at the white house somebody said years ago they had a thing called the sequester, where these horrible horrible, horrible cuts were put in there that would happen if congress didn't act. and everybody said okay. let's do that again. then it came up to the congress and the republicans in congress 174 of them voted for this. john boehner paul ryan eric cantor all voted for it. and when it was over john boehner said i love this. i got 98% of what i want. these cuts which are so bad that everybody thought never, never, never would congress go along with it. you know why the republicans want to go along with it? because they don't give a damn. they don't care if the government is whacked across the board. first responders and air traffic controllers and pell grants and all of that other stuff cut. they don't care. so my question to you is, do you think this see quester is going to happen?
how do we avoid going over the fiscal cliff with the debt ceiling last summer. and they were log jammed. and they said we need something to really make this happen. and at a meeting at the white house somebody said years ago they had a thing called the sequester, where these horrible horrible, horrible cuts were put in there that would happen if congress didn't act. and everybody said okay. let's do that again. then it came up to the congress and the republicans in congress 174 of them voted...
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Feb 19, 2013
02/13
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first of all, most of america is not concerned with these tv terms like fiscal cliff and debt ceiling and sequestration. >> what about when i rhyme them together and say sequestration, damnation, louse nation. >hallucination. >> to most of america, it's benign to them. when i look at what really happens as a market watcher in the past, here comes the fiscal cliff. guess what. everything's fine, market goes up. >> what happens if we get to march 1st and we go over the cliff or whatever you want to call it? are the markets thinking we avoid it, or are the market saying 85 billion in the scheme of things, better than nothing, get on with it? >> i think the historical pattern has shown us that every time we get up to these supposed drop dead dates, nothing happens. they come up with some kind of solution. >> were they thinking that, or are they thinking we hope they do go through with these cuts, minor as they are? >> i think the markets believe that these cuts will happen. i think the markets believe that this is a sliver of a thaw in the gridlock in washington. the republicans called ob
first of all, most of america is not concerned with these tv terms like fiscal cliff and debt ceiling and sequestration. >> what about when i rhyme them together and say sequestration, damnation, louse nation. >hallucination. >> to most of america, it's benign to them. when i look at what really happens as a market watcher in the past, here comes the fiscal cliff. guess what. everything's fine, market goes up. >> what happens if we get to march 1st and we go over the cliff...
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Feb 23, 2013
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. >> now, when it came to negotiations on the debt ceiling deal those came down to the wire. we saw the same thing with the fiscal cliff that didn't get resolved until after the deadline had passed and the sequester was supposed to take effect in january, but it got pushed to march. i have to ask you as a member of congress, why does congress put everything to the last minute, right down to the wire. is there a procedural reason for that? a tactical reason? >> it's like poker. you wait until you get the last card in order to find out whether you think you can win or not and then you normally assess what happens if you lose. but when you have a handful of people that can't lose and they want to win and if they stop government they've won and they don't feel the pain like it's their mom or their kids that are losing. they believe that their conservatism is enough to be a patriot to bring their own party down, but to bring the country down with it. and so i heard you say that we'll do this over and over again until people are numb, but even with russian roulette, there is a live
. >> now, when it came to negotiations on the debt ceiling deal those came down to the wire. we saw the same thing with the fiscal cliff that didn't get resolved until after the deadline had passed and the sequester was supposed to take effect in january, but it got pushed to march. i have to ask you as a member of congress, why does congress put everything to the last minute, right down to the wire. is there a procedural reason for that? a tactical reason? >> it's like poker. you...
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Feb 16, 2013
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cliff deal and the previous debt ceiling fights. on the sequester you're not going to see real negative consequences or a lot of americans potentially losing jobs up until early april at the earliest. that's why you're not seeing a lot of movement on this now. >> lynn, this is how one person is spending his congressional recess, senator marco rubio just announced he is going to join israel ahead of secretary of state john kerry, ahead of the president himself. how should we read this? >> first of all it's telling he didn't say he's also going to the west bank, perhaps he is. most often these trips do include that, that he didn't want to mention if indeed what you showed was the release, that's an interesting angle to follow up on. this is what lawmakers do to season themselves, to become experts. is he not seen as necessarily an expert on international affairs right now and this is one of the areas that you go and by the way, if you wonder why a florida senator would be going to israel, it's because it's a major voting body within t
cliff deal and the previous debt ceiling fights. on the sequester you're not going to see real negative consequences or a lot of americans potentially losing jobs up until early april at the earliest. that's why you're not seeing a lot of movement on this now. >> lynn, this is how one person is spending his congressional recess, senator marco rubio just announced he is going to join israel ahead of secretary of state john kerry, ahead of the president himself. how should we read this?...
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Feb 22, 2013
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having put off the debt ceiling, the republicans really feel like this is something they have to stand their ground on. >> chris, karl rove superpac has an ad out of bom's mess. let me play it and get your reaction to this. >> a bad idea. are you willing to see a bunch of first responders lose their job. teachers laid off. air traffic controllers and airport security. this is hardship on a lot of people. scene zone yours. middle class families. scramble to find -- >> is this ad effective? you can take out the cut-out of the president and put in speaker boehner. he said he would like not to have the sequester come down. >> after that ad, i know why the group was so effective in the last election. >> that was an easy one. it's pretty janky but they're trying to say it's obama's mess and does it instead put the spotlight on the divide within the republican party? those things the president is saying is exactly what speaker boehner has said. >> i think the problem is if you're trying to shift blame to the president right now given the president's level of popularity, the message of the whi
having put off the debt ceiling, the republicans really feel like this is something they have to stand their ground on. >> chris, karl rove superpac has an ad out of bom's mess. let me play it and get your reaction to this. >> a bad idea. are you willing to see a bunch of first responders lose their job. teachers laid off. air traffic controllers and airport security. this is hardship on a lot of people. scene zone yours. middle class families. scramble to find -- >> is this...
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ceiling and other continuing resolution and other aspects of the federal fiscal situation which are very concerning and we think pose not only near-term threats to the travel business, but longer term threats to the economy if our political leaders can't get to an agreement. >> it shouldn't be this way. you are picking up in your industry from the brutality of the 2007-2008 downturn. you don't have supply for hotel rooms coming onstream. you should have really good pricing power at the moment. i see that in your negotiations for corporate customers, you expect to increase your room rates by high single digits. are you happy with that or had you hoped for more? >> no, i think -- the frustrating thing about this political situation in washington is business is really good and there are so many aspects of our economy which are not only good for our business, but show broad recovery. so our comp sales growth were up 8% in the month of january and we feel really good about the way that the year has started, which makes this doubly frustrating. the sequestration is a sign of the failure o
ceiling and other continuing resolution and other aspects of the federal fiscal situation which are very concerning and we think pose not only near-term threats to the travel business, but longer term threats to the economy if our political leaders can't get to an agreement. >> it shouldn't be this way. you are picking up in your industry from the brutality of the 2007-2008 downturn. you don't have supply for hotel rooms coming onstream. you should have really good pricing power at the...
87
87
Feb 18, 2013
02/13
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MSNBC
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it was in the end game on the fiscal -- on the debt ceiling negotiations in 2011. literally july 27th, 2:30 in the afternoon, jack lew, who's in the white house chief of staff, rob neighbors, the head of congressional relations for president obama, went to see harry reid and proposed sequester. of course, everyone signed up to it, but it was designed to not happen. the cuts were perceived to be so draconian in domestic policy and in defense issues that no one would ever let this happen. it was the super committee, as you may remember, that was supposed to come up with more rational budget cuts. they failed. so we're stuck with -- it's kind of like being on a cruise ship with no power. >> where you have the captain and crew fighting each other and going around in circles. i don't get this, bob. you write this book about how the president and congress talk past each other. we have an election. we hear they might start talking together in a more positive sense. yet, here we have a situation that the defense industry hates, that advocates for the poor hate, that econom
it was in the end game on the fiscal -- on the debt ceiling negotiations in 2011. literally july 27th, 2:30 in the afternoon, jack lew, who's in the white house chief of staff, rob neighbors, the head of congressional relations for president obama, went to see harry reid and proposed sequester. of course, everyone signed up to it, but it was designed to not happen. the cuts were perceived to be so draconian in domestic policy and in defense issues that no one would ever let this happen. it was...
202
202
Feb 20, 2013
02/13
by
KGO
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we had the fiscal cliff, now we have this, we have the debt ceiling deadline in may. there's no dramatic substantive action. it's just one little baby step or kick it down the road and here we are again. and they're playing with people's jobs, money, taxes, livelihoods. our government just seems so dysfunctional and broken and gridlocked. >> and then things like this happen and we go until the 11th hour and oh, a solution but it's not really a solution because we've only done half of the work we should have done. in three months we'll talk about it again and we go through this all over again. just talking about we want to blame both sides and we want to say everybody is responsible. but president obama was up there with the first responders, and some people are questioning whether or not that was a manufactured setup and a scenario where he was like, i'm with these guys, you're the ones that are not able to let this happen and you're going to affect them. but was that necessary is the question? >> all politicians like their backdrops and to put a human face on the iss
we had the fiscal cliff, now we have this, we have the debt ceiling deadline in may. there's no dramatic substantive action. it's just one little baby step or kick it down the road and here we are again. and they're playing with people's jobs, money, taxes, livelihoods. our government just seems so dysfunctional and broken and gridlocked. >> and then things like this happen and we go until the 11th hour and oh, a solution but it's not really a solution because we've only done half of the...
60
60
Feb 20, 2013
02/13
by
MSNBC
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and remember, we also have the issue of funding the government and the debt ceiling fight coming up again in may. so there's a lot of uncertainty around fiscal policy, around government contracting of all kinds. so it's going to be a sort of rolling snowball effect, i might call it, where it gets bigger and bigger. and by may this may be the only thing we're talking about. >> richard, one could wonder at this point, what was the point of setting the sequester limit if now we're just figuring out ways to come up with a new deal? this was supposed to be the deal. this was supposed to be the thing that forced action. >> right. >> what was the point of it if we're not going to enforce it? >> that's a very good question. what was the point of it? the point of it was that people had crawled out on a limb, and they needed to come off it somehow. the very people who crawled out on that limb are now saying, how did we ever get here? you made me do it. it is ridiculous. and unfortunately, you know, what's that hillary clinton line that she used to use? the definition of madness is doing the same th
and remember, we also have the issue of funding the government and the debt ceiling fight coming up again in may. so there's a lot of uncertainty around fiscal policy, around government contracting of all kinds. so it's going to be a sort of rolling snowball effect, i might call it, where it gets bigger and bigger. and by may this may be the only thing we're talking about. >> richard, one could wonder at this point, what was the point of setting the sequester limit if now we're just...